GROWINGYOURNEWSWEBSITE.COM: Latest News and Analysis 2019-09-13, 23:32

Is the World Bank fit for purpose?

From governance issues to mounting competition, the World Bank faces myriad challenges, but its proponents remain convinced of its importance to the modern world....

Is the World Bank fit for purpose?

Source: euromoney.com

The impossible job of the World Bank? The World Bank is where finance and politics meet. The scope of its mandate and its ability to effect change have attracted some of both disciplines’...
2019-09-13, 23:32

EU settles on World Bank's Georgieva to lead IMF European Union governments picked Bulgaria's Kristalina Georgieva as the bloc's candidate to lead the International Monetary Fund after more than 12 ...
2019-08-03, 06:16

Can You Forget Things on Purpose? Memory’s ungovernable, a ceaseless shaming pain: you’re either scrambling to retrieve it (rooting around for keys, or the name of some acquaintance)...
2019-07-01, 15:32

World Bank downgrades its forecast for global economy WASHINGTON (AP) — The World Bank is downgrading its forecast for the global economy in light of trade conflicts, financial strains and unexpectedly s...
2019-06-04, 23:48

Jodrell Bank Observatory becomes world heritage site Unesco recognises Cheshire home of Lovell telescope for contribution to astronomical researchJodrell Bank Observatory in Cheshire, which has been at ...
2019-07-07, 15:16

World Bank 'Drops' $300 Million Amaravati Project In a jolt to the Andhra Pradesh government, the World Bank has "dropped" out of the Amaravati Sustainable Infrastructure and Institutional Developmen...
2019-07-19, 08:48

Pakistan Signs $918 Million Loan Agreement With World Bank Pakistan on Tuesday signed three loan agreements worth a total of USD 918 million with the World Bank, Prime Minister Imran Khan's adviser on finance...
2019-06-18, 21:01

Water Pollution Can Reduce Economic Growth By A Third, Says World Bank Heavily polluted water is reducing economic growth by up to a third in some countries, a World Bank report said Tuesday, calling for action to addres...
2019-08-21, 00:16

World's best investment bank in the emerging markets 2019: BTG Pactual The firm has done well at home and in the region. Part of that is down to its ownership structure, and the rest is because growth is part of its DNA....
2019-07-11, 12:48

Deutsche Bank predicts rate cuts are coming all over the world Cuts to interest rates can be expected around the world following dovish pivots from the European Central Bank and the U.S. Federal Reserve, accordin...
2019-07-25, 09:48

Japan's Tantalizing Bank Dividends Mask a World of Trouble The path to perdition is long for these banks, and while the ultimate ending might be unpleasant, there are opportunities for hope to be rekindled al...
2019-05-21, 21:01

Eugene Rotberg and the World Bank: Worth spending one’s life on The World Bank’s influence on the growth of global capital markets is unquestionable, and no individual has played a more important role than its for...
2019-09-13, 23:32

World Bank Top Executive Poised To Head IMF After Christine Lagarde A top executive at the World Bank, Kristalina Georgieva of Bulgaria, is now officially unopposed in her bid to become only the second woman ever to l...
2019-09-10, 00:00

Fin24.com | Kenya asks World Bank for $750 million loan Kenya requested the World Bank for $750m to fund affordable housing, agriculture and other development projects amid concerns the East African nation...
2019-05-28, 16:00

World Bank's Georgieva sole candidate to lead IMF, Fund says The International Monetary Fund said on Monday that World Bank chief executive Kristalina Georgieva will be considered as the sole candidate to be th...
2019-09-09, 17:32

World Bank's Georgieva to relinquish duties during IMF nomination period World Bank Chief Executive Officer Kristalina Georgieva said on Friday that she will temporarily relinquish her World Bank responsibilities after bei...
2019-08-03, 06:16

World's best bank for wealth management 2019: Credit Suisse With a new strategy of regionalization, integration and innovation, Credit Suisse’s wealth management business has set itself apart from its peers an...
2019-07-11, 03:16

Bringing Up Baby: Paternity Leave Is Not Fit For Purpose "Without adequately-funded, universally applied, widely-understood and socially encouraged parental leave, we’re all losers: fathers, mothers and, of...
2019-07-14, 12:00

Former Military Bases Find New Purpose Through E-Commerce Real estate developers are looking at abandoned bases for large projects like warehouse and logistics centers, which are needed to sustain the growth...
2019-06-18, 23:00

China Belt And Road Can Speed Development, Needs Transparency: World Bank China's massive Belt and Road infrastructure drive could speed up economic development and reduce poverty for dozens of developing countries, the Wor...
2019-06-19, 10:48

World Bank Retains India's Growth Rate Forecast For 2019-20 At 7.5% The Bank in its Global Economic Prospects released on Tuesday said that India is estimated to have grown 7.2 per cent in fiscal year 2018/19, which e...
2019-06-05, 12:32

Kerala To Get $ 250 Million World Bank Loan For Flood Resilient Programme Marking its first ''state partnership'' in India, the World Bank will extend a USD 250 million loan for the Resilient Programme in Kerala, which had ...
2019-07-15, 22:48

Jodrell Bank Observatory Declared UNESCO World Heritage Site The Jodrell Bank Observatory, part of the University of Manchester and home of the massive Lovell Telescope and numerous others, has received UNESCO ...
2019-07-08, 01:16

World Bank readies $300 million to cover half of new Ebola response The World Bank Group is readying a $300 million package of grants and credits to support the fight against the deadly Ebola virus in Democratic Repub...
2019-07-25, 05:16

It's high time to create a World Carbon Bank | Kenneth Rogoff We could use a global carbon tax to give developing countries incentives to phase out coalAlthough much derided by climate-change deniers, not least ...
2019-07-08, 15:16

World Bank Says 'No Indication' China Misused Loan For Uighur Schools The World Bank said Thursday it is again reviewing a loan to China to provide vocational education to the Muslim Uighur minority, but has "no indicat...
2019-08-30, 07:16

World Bank expects global economic growth to weaken in 2019 The global economy slowed to its lowest pace since 2016 this year as tariffs and trade barriers reduce investment around the world, prompting the Wor...
2019-06-06, 17:00

An Arm of the World Bank Has Been Implicated in Latin America’s Biggest Corruption Scandal (BOGOTA, Colombia) — María Victoria Guarín was a key adviser on Colombia’s biggest-ever transportation project: a 1,000-kil...
2019-07-02, 14:00

World Bank Imposes One Of Its Biggest Fines On Cash-Starved Pak Over Mine An international arbitration court has imposed a penalty of $5.976 billion on Pakistan -- one of the biggest in its history -- for the unlawful denia...
2019-07-15, 18:32

World Bank Court Orders Pak To Pay $6 Billion To Firm Over Mine Closure Pakistan will have to pay almost $6 billion in damages to a foreign gold mining firm whose dig was shut down by the government in 2011, the World Ban...
2019-07-15, 01:32

Global financial bodies not fit for purpose, John McDonnell says IMF, WTO and World Bank not doing enough to fight climate crisis, shadow chancellor saysFighting the climate crisis should be put at the heart of dec...
2019-06-19, 21:48

Common: 'I wanted to be the dopest. Then I found a higher purpose' He got his start in the era of gangsta rap and admits to a ‘bros before hoes’ attitude early in his career. So how did the Chicagoan become one of co...
2019-09-03, 23:00

James Holzhauer hints he lost ‘Jeopardy!’ on purpose “Jeopardy!” champion James Holzhauer’s 32-day winning streak came to an end in June, but fans are still debating whether he lost hi...
2019-08-27, 14:16

Seniors who feel their life has purpose may live longer (Reuters Health) - Seniors who feel their life has purpose may be less likely to die from heart, circulatory and digestive diseases and more likely t...
2019-05-25, 05:00

World Bank downgrades global growth forecasts, poorest countries hardest hit The World Bank has lowered its expectations of global economic growth for this year in a new report. It says that, although the picture for poorer co...
2019-06-05, 23:48

World Bank tribunal lowers ConocoPhillips award for Venezuela expropriation: document A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips as compensation for Venezuela's 2007 expropr...
2019-09-03, 10:32

World Bank tribunal lowers ConocoPhillips award for Venezuela expropriation -document A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips as compensation for Venezuela's 2007 expropri...
2019-09-03, 05:32

Tiger muskies released into remote Arizona lake on purpose PHOENIX (AP) — About 450 sardine-sized fish with a mouthful of sharp teeth have been intentionally released in a remote lake in north-central Arizona...
2019-06-03, 00:48

Russia says Siberian wildfires started on purpose by illegal loggers Russian prosecutors said on Tuesday that some of the vast Siberian wildfires that environmentalists have dubbed a climate emergency were started on p...
2019-08-06, 20:32

Freshman Rep. Wild turns grief from partner’s suicide into a new purpose The Pennsylvania Democrat, who ran on labor and health care for her pro-union constituency, is making suicide prevention and mental health issues a n...
2019-09-09, 05:00

I started mentoring young people – and gave my own life a purpose I quit a job in marketing to edit a youth magazine. I loved helping to launch careers (and to send a lamb chop into space)Every morning, I would walk...
2019-06-10, 12:01

Yamaha Working On Dual-Purpose Motorcycle 'WR155' Based On YZF-R15 The YZF-R15 platform has turned out to be extremely successful for Yamaha Motor and the bike maker has churned out a number of motorcycles that use t...
2019-08-20, 16:16

Vladimir Putin interview: Liberal idea has 'outlived its purpose' The Russian president said that Western societies are rejecting liberal values, as multiculturalism has alienated the "core population." Putin has be...
2019-06-28, 00:48

Ration Cards Should Be Categorised Based On Purpose: Mamata Banerjee West Bengal Chief Minister Mamata Banerjee on Wednesday said ration cards should be divided into two categories based on purpose - those availing ben...
2019-08-29, 03:16

Sneaky reason why two thirds of Americans do chores incorrectly on purpose From pretending to be sick, doing a bad job on purpose or inventing a work task, new research shows the majority of chore-doing Americans have given ...
2019-08-09, 03:32

World Bank chief urges reforms to attract investment amid trade uncertainty Uncertainty from trade tensions and slowing global growth is increasing the need for developing countries to pursue reforms that make them more attra...
2019-06-29, 05:48

‘Invisible’ crisis of water quality threatens human and environmental well-being: World Bank report Deteriorating water quality worldwide is slashing the economic potential of heavily polluted areas, according to a new World Bank report, released on...
2019-08-21, 04:48

UPDATE 1-World Bank tribunal lowers ConocoPhillips award for Venezuela expropriation -document A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips as compensation for Venezuela's 2007 expropri...
2019-09-03, 05:32

Global Economy Cools Faster Than Expected as Trade Tensions Rise, World Bank Says The global economy has stumbled sharply in the first half of the year with trade and investment flows between countries falling faster than expected,...
2019-06-05, 00:16

Lawmakers worry World Bank is funding China's Uighur Muslim 're-education' camps World Bank officials have issued a loan to China for the very region where Communist authorities have established mass detention camps targeting Uigh...
2019-08-27, 16:16

'Orange is the New Black' final season finds urgency and purpose in ICE plot "Orange is the New Black" and "House of Cards" helped put Netflix on the map, establishing the service as an original programming force. The prison d...
2019-07-31, 19:00

Scott Stringer questions ‘purpose’ of Chirlane McCray’s ThriveNYC program City Comptroller Scott Stringer raised serious concerns over the “purpose” of first lady Chirlane McCray’s ThriveNYC, saying the taxpayer-funded ment...
2019-05-23, 18:32

Putin says liberalism has 'outlived its purpose' and praised Trump's tough immigration policies ahead of the G20 summit Reuters Russian president Vladimir Putin said liberalism has "outlived its purpose" and praised the rise of right-wing populism in Europe in an inte...
2019-06-27, 23:48

Deutsche Bank to quit equities, shrink investment bank in 7.4 bln euro overhaul Deutsche Bank said on Sunday it plans exit its global equities business and scale back its investment bank in a sweeping, 7.4 billion euro overhaul d...
2019-07-07, 23:01

Deutsche Bank plans radical overhaul with €50bn hived off to 'bad bank' – reports The struggling German lender will move poorly performing assets and drastically shrink its investment banking arm, the FT saysDeutsche Bank has drawn...
2019-06-17, 14:16

Reserve Bank Of India Removes Charges On NEFT/RTGS Bank Transactions The Real Time Gross Settlement System (RTGS) is meant for large-value instantaneous fund transfers while the National Electronic Funds Transfer (NEFT...
2019-06-06, 13:48

CITIC Bank Private Bank: Success = Technology + Human Touch CITIC Private Bank is leading Chinese private wealth managers in the adaptation of technology, but it is not forgetting the most important element of...
2019-05-21, 16:48

Bank of America's push to turn around investment bank is bearing fruit Bank of America Corp said on Monday its deal-making unit is gaining momentum with midsized companies as it focuses on the sector to regain market sh...
2019-09-10, 02:00

Deutsche Bank CEO to invest 25% of fixed salary in bank's shares - source Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowle...
2019-07-09, 14:32

Deutsche Bank CEO readies investment bank cuts as stock hits low Deutsche Bank's chief executive is prepared to make "tough cutbacks" in its investment banking business, whose future is in doubt after several faile...
2019-05-23, 13:00

Deutsche Bank CEO to invest 25% of fixed salary in bank's shares: source Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowl...
2019-07-09, 16:16

Brazil bank lending down, default ratio up in July - central bank The amount of outstanding loans in Brazil fell 0.2% in July from the previous month to 3.290 trillion reais ($793 billion), representing some 46.9% o...
2019-08-28, 20:48

Russia's Vostochny Bank capital fell below key threshold last month- c.bank Russia's central bank warned on Friday that Vostochny Bank's capital adequacy ratio briefly dipped below a critical level last month, a sign of balan...
2019-07-12, 18:32

Deutsche Bank CEO pledges tough investment bank cuts as shares hit low Deutsche Bank's chief executive promised shareholders "tough cutbacks" at its underperforming investment bank on Thursday as he battled to convince t...
2019-05-23, 19:00

Deutsche Bank is kicking off a brutal cull of 18,000 jobs as part of a $8.3 billion overhaul. Here's what we know about what's going on at the German bank. Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing revealed a sweeping overhaul of Germany's biggest bank after a supervisory board meeting ...
2019-07-08, 15:32

Chinese central bank steps up liquidity support for smaller lenders after Baoshang Bank takeover The People's Bank of China signaled its readiness to supply smaller banks with a steady stream of cash after the takeover of a troubled lender, ...
2019-06-06, 18:48

Deutsche Bank is about to undergo its biggest restructuring ever. Here's what we know about what's going on at the German bank. Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing is expected to announce a sweeping overhaul of Germany's biggest bank after a supervisory...
2019-07-06, 15:32

Western Europe's best bank bank for corporate responsibility 2019: dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy ...
2019-05-31, 08:16

PNB's Board To Meet Soon On Merger With Oriental Bank, United Bank The bank has received a communication from the Ministry of Finance that the alternative mechanism after consultation with Reserve Bank of India (RBI)...
2019-08-31, 17:16

Deutsche Bank CEO prepares investment bank cuts as shares hit low Deutsche Bank's chief executive said on Thursday that he was ready to make "tough cutbacks" to its investment bank, whose future is in doubt after se...
2019-05-23, 11:32

Deutsche Bank may create 'bad bank' for high-risk assets Germany's largest lender is planning to isolate up to €50 billion in high-risk assets, reported the Financial Times. The bank's chief executive has v...
2019-06-17, 11:32

Deutsche Bank's bank capital debt back in the red, CDS decline Deutsche Bank's capital boosting Additional Tier I debt issues dropped back into the red on Monday, giving away gains made in early trade following n...
2019-07-08, 12:48

Exit of Deutsche Bank's investment bank chief marks end of era The head of Deutsche Bank's investment bank agreed to step down on Friday in a sign of the division's waning influence as Germany's largest lender pr...
2019-07-05, 19:48

Deutsche Bank U.S. Operations Chief to Leave Bank Deutsche Bank AG’s chief operating officer for the Americas, Kate Clifford, has quit after a little more than a year in the role, according to people...
2019-06-05, 01:01

U.S. regulators ask Deutsche Bank to explain "bad bank" proposal -FT U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making Germ...
2019-06-24, 10:00

Deutsche Bank CEO Signals More Cuts to Investment Bank Chief Executive Christian Sewing signaled the lender will shrink its investment bank as it struggles to stabilize the business and regain support fro...
2019-05-23, 14:00

Deutsche Bank to set up 50 billion euro bad bank: source Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a...
2019-06-17, 11:48

Trump Suggests Iran Mistakenly Shot Down a U.S. Drone. Iran Says It Was Very Much on Purpose President Donald Trump downplayed the likelihood of U.S. military action against Iran after a military drone was shot down Thursday during a reconnai...
2019-06-21, 04:32

E. coli risk leads King Arthur Flour to recall bags of its unbleached all-purpose flour Select bags of King Arthur Flour have been recalled for possible E. coli contamination. Nearly 114,000 bags are a part of the nationwide recall. ...
2019-06-14, 04:00

Deutsche Bank's bad bank a 'pimple on the backside' As part of a major restructuring plan, Germany's largest lender has set up a new unit to isolate €74 billion in toxic assets. So-called bad banks hav...
2019-07-24, 18:16

UPDATE 1-Deutsche Bank to set up 50 bln euro bad bank -FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or sh...
2019-06-16, 23:32

Deutsche Bank to set up 50 billion euro bad bank: FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or sh...
2019-06-17, 01:00

Review: A mean old man finds a dog, but does he find a purpose in Mary Miller's 'Biloxi'? Mary Miller's "Biloxi" is an engrossing character study of a contemptuous old man who tries to find some meaning in life through a dog named Lay...
2019-05-24, 04:16

What’s a Bad Bank and How Can It Help Deutsche Bank? When a lender is in trouble and decides to switch strategy, the solution can be what’s commonly referred to as a “bad bank.” It’s a plan that Deutsch...
2019-07-06, 10:32

Perfect stage for England to prove they are world-beaters in Cricket World Cup final England have generally been hopeless at World Cups and the last time they were at Lord's 16 days ago, this campaign — which they planned so meticulou...
2019-07-12, 23:32

President Trump Visited Japan’s Biggest Warship Since World World II. Here’s What to Know About the JS Kaga For the last day of President Donald Trump’s highly stage-managed state visit to Japan, Prime Minister Shinzo Abe took him to tour the Japanese...
2019-05-29, 15:48

World Cup inspires woman's losing lottery ticket world record attempt A North Carolina woman said her quest to set a Guinness World Record for collecting losing lottery tickets was inspired by the United States Women's ...
2019-07-10, 10:32

World Leaders Mark 80th Anniversary Of Start Of World War II In Poland Leaders including German Chancellor Angela Merkel and US Vice President Mike Pence on Sunday mark 80 years since the start of World War Two in Poland...
2019-09-01, 13:16

As plastics foul the world’s oceans, world leaders struggle over how to respond Leaders of the Group of 20 vowed in June to battle ocean plastic pollution — but they failed to make any commitment to turn off the tap of rising pla...
2019-07-19, 04:01

Rugby- Across the world cyclists begin final leg to deliver World Cup whistle After travelling almost 20,000 km (12,500 miles) across 27 countries since leaving London's Twickenham Stadium 223 days ago, intrepid cyclists Ron Ru...
2019-09-13, 18:00

Rugby: Across the world cyclists begin final leg to deliver World Cup whistle After travelling almost 20,000 km (12,500 miles) across 27 countries since leaving London's Twickenham Stadium 223 days ago, intrepid cyclists Ron Ru...
2019-09-13, 14:00

Florida woman visits every country in the world, breaks 4 world records She really wanted to get out of Florida. After graduating from Vanderbilt University in 2017, Pensacola native Taylor Demonbreun decided to do some t...
2019-06-20, 22:48

FIFA Women's World Cup: Brazil's Marta overtakes Miroslav Klose as leading World Cup scorer She's a six-time world player of the year and has now scored 17 World Cup goals, but Marta has never won women's football's biggest prize. Judging by...
2019-06-19, 12:32

World Cup parade live stream: USWNT celebrates 2019 Women's World Cup championship USWNT won its fourth World Cup title July 7 — and Wednesday it will celebrate in style with a ticker tape parade in New York. Follow for update...
2019-07-10, 15:48

Women's World Cup: Marta equals World Cup scoring record despite shock Brazil defeat Brazil star Marta enjoyed a record-breaking evening at the Women's World Cup but could not prevent her country from a shock 3-2 defeat at the hands o...
2019-06-13, 23:16

How to Watch ICC Cricket World Cup 2019 Live Online Around the World Watch a live stream and live score of the ICC Cricket World Cup 2019 in India, Pakistan, Bangladesh, Sri Lanka, South Africa, Australia, New Zealand,...
2019-05-30, 12:32

Wildlife World Zoo welcomes purr-fect jaguar cub to the world PHOENIX (KPNX) – Wildlife World Zoo, Aquarium & Safari Park said its jaguar, Sara, is back in the spotlight. That’s because she now has a...
2019-05-25, 03:48

5 world-changing ideas: our top picks for World Creativity and Innovation Day A low-cost, tiny home that provides everything you need. A boat made of recycled plastic and flip-flops. Vaccine-delivery drones… As the planet marks...
2019-05-21, 16:00

Women's World Cup: Impressive TV viewer numbers in Germany and around the world Germany's national team received notable ratings for their first two Women's World Cup games, continuing a worldwide trend of decent viewer numbers. ...
2019-06-14, 21:48

Sports world celebrates USWNT's dominant World Cup win Somehow, the USWNT exceeded ridiculous expectations with its 2-0 win over the Netherlands in the World Cup final and the sports world loved it. ...
2019-07-07, 21:32

World leaders mark 80th anniversary of start of World War II A number of world leaders, including German President Frank-Walter Steinmeier and US Vice President Mike Pence, are in Poland to mark the 80th annive...
2019-09-01, 17:48

US women honor '99 world cup champions, and America, with World Cup jerseys When the U.S. women’s national soccer team take the field in France next month for the 2019 FIFA Women’s World Cup, they will have America’s support ...
2019-05-29, 15:00

Trump reads FDR's D-Day prayer as Queen Elizabeth II, world leaders remember World War II Normandy landing President Donald Trump joined Queen Elizabeth II and world leaders in paying respect to Allied service members who took part in the D-Day landings. ...
2019-06-05, 19:00

World's hungriest caterpillar is wreaking destruction around the world Scientists are racing to develop weapons against fall armyworms, a devastating pest that is rapidly invading new continents and destroying vital food...
2019-09-04, 19:32

Megan Rapinoe: the World Cup hero who wants the world to be a better place As tough off the pitch as on, she defies Donald Trump, speaks out for race and gender equality, while espousing more love, less hateMegan Rapinoe sto...
2019-07-12, 19:00

The number one competitive eater in the world, Joey Chestnut, came to Austin, Texas Friday to compete in the World Hostess Donettes-eating Championship When it comes to competitive-eating, Joey Chestnut appears to favor “dogs” over donuts. However, that was not the case at the second annu...
2019-06-08, 08:32

The world's largest underwater restaurant in Norway was just named one of the 'world's greatest places.' Take a look inside, where diners can watch marine life swim by through a 36-foot window. Ivar Kvaal The world's largest underwater restaurant in Norway was just included on Time Magazine's "World's Greatest Places 2019" list. Fittingly ...
2019-08-28, 14:48

Deutsche Bank: is it really different this time? Christian Sewing has set the bank a difficult task of cutting businesses and costs yet growing revenues in the next three years; not everyone is conv...
2019-07-09, 00:48

Central Bank Independence After inflation ran amok in the 1960s and 1970s, many central bankers fought for, and won, more freedom to control interest rates and set other monet...
2019-07-08, 19:00

Deutsche Bank to axe 18,000 jobs Deutsche Bank says it will cut 18,000 jobs by 2022 as part of a major restructuring of the embattled bank. For years, Germany's biggest lender has su...
2019-07-07, 18:48

Survivors reflect on First Third bank shooting Last September, a gunman opened fire in a downtown Cincinnati bank building, killing three and wounding two others. One year later, survivors and fam...
2019-09-06, 21:00

Indian Bank Defrauded by Another Borrower The Indian bank that fell victim to one of the country’s biggest banking scams said that another borrower had defrauded it of half a billion dollars....
2019-07-08, 20:00

Nordea Bank says its CEO will retire by end-2020 HELSINKI (AP) — The Nordic region’s largest financial group says it has begun looking for a successor to replace its current chief executive, w...
2019-06-30, 18:00

After Deutsche Bank cuts, where will the growth be? For Deutsche Bank chief executive Christian Sewing, shrinking the group's investment bank will be the relatively easy - if expensive - part of his re...
2019-07-08, 01:48

Investment bank environment still very fragile says UBS Investment banking conditions have improved over recent months but remains "very fragile," UBS Chief Executive Sergio Ermotti said on Thursday, addin...
2019-06-06, 14:32

Lowering emissions without breaking the bank India’s economy is booming, driving up electric power consumption to unprecedented levels. The nation’s installed electricity capacity, which increas...
2019-07-31, 23:00

The bank of mom and dad will lend — and even issue mortgages So-called family home loans are relatively common in the U.S. Canada's version of the arrangement is also becoming more popular, according to one B.C...
2019-09-07, 15:32

NDB: The Brics bank takes shape Over the last 12 months, the New Development Bank has gone from concept to fully fledged lender. It says it wants to be differentiated by its nimblen...
2019-05-21, 23:48

Square Wants to Be a Bank But Doesn't Want to Be Taxed Like One Square has lent billions to small businesses and consumers and applied for a banking license, but it says it isn’t a financial company. The payments ...
2019-09-13, 19:32

TPD searching for bank robbery suspect TUCSON – The Tucson Police Department is searching for a bank robbery suspect who allegedly robbed the Chase Bank located at 947 N Park Ave. Mo...
2019-07-16, 07:48

The green bank for kids - set up by a child José Adolfo Quisocala teaches poor children how to save and to earn money by recyclingHe is a Peruvian banker who encourages schoolchildren to save, ...
2019-05-31, 11:00

Deutsche Bank Considers Up to 20,000 Job Cuts Deutsche Bank is weighing whether to cut 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the latest sign of the once-mig...
2019-06-28, 19:32

Is India's central bank still independent? When India’s central bank recently approved a $24.4 billion payout to the federal government, questions were raised whether Prime Minister Narendra M...
2019-09-14, 00:32

How to Explore a New Hobby Without Breaking the Bank Hobbies are fun. They can help you relax after a long day at work. They can provide a creative outlet, new skills, or sometimes even a new network of...
2019-08-14, 21:00

A Big Bank with Big Troubles: Financial Crisis 2.0? Many big financial institutions faced bankruptcy during the 2007-2009 crisis, and now -- a reminder of that turbulent time. A major global bank has b...
2019-07-16, 21:32

Yes Bank Shares Fall Nearly 20%, Here's What Analysts Say Yes Bank shares nosedived as much as 19.56 per cent on Thursday, a day after the private sector bank reported a 91 per cent fall in its profit for th...
2019-07-18, 11:32

Can the Giants Really Bank on Daniel Jones? Team brass thinks he can be the next Eli Manning. Giants fans wondered why a Duke quarterback was worth the No. 6 pick. We talked to over 30 people w...
2019-08-07, 13:00

Australia's central bank says 'likely' will have to cut rates again - Australia's central bank believes it will likely have to cut interest rates further from the current record low of 1.25% in order to push down unem...
2019-06-18, 07:32

Deutsche Bank considering up to 20,000 job cuts, WSJ reports Deutsche Bank AG is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reporte...
2019-06-28, 16:48

Bank Stocks Are Having a Rough August Falling interest rates, fears of a global economic slowdown and unrest in the Asian financial hub of Hong Kong have conspired to beat up bank stocks ...
2019-08-13, 07:00

New Zealand captain Kane Williamson defends 'world class' MS Dhoni over India World Cup exit New Zealand captain Kane Williamson has defended India wicketkeeper MS Dhoni, after the veteran was criticised for slow scoring as his side crashed o...
2019-07-10, 19:16

This is what it really looks like inside a bank's cybersecurity center right before an attack In this excerpt from Kate Fazzini's new book "Kingdom of Lies," she takes you directly inside the security operations center of one of the world...
2019-06-15, 16:48

Best power bank in India: Best batteries over 10,000mAh Believe it or not, smartphone batteries have gotten better over the last few years, especially compared to when Android phones just arrived into the ...
2019-06-07, 14:32

RBS eyes bid for £3.7bn Tesco Bank mortgage book The ‎state-backed Royal Bank of Scotland (RBS) is pursuing its biggest acquisition since the financial crisis by tabling a bid for Tesco Bank's...
2019-06-21, 18:32

Mexico adds to LatAm bank gloom Banorte CEO says market will be 'surprised' by what comes next for the bank; fintech growth unlikely to impact bank growth in the short-term....
2019-08-28, 23:48

Deal: LG G8 ThinQ is $200 off at B&H and comes with free power bank Just like many other flagship smartphones available in the US, the unlocked LG G8 ThinQ is compatible with all major carriers in the country, includi...
2019-06-15, 03:16

Ex-worker tries to rob Brazilian bank in elaborate old-man disguise A former bank employee in Brazil wore a disturbingly life-like old man mask while trying to rob a location of his ex-employer, according to new repor...
2019-08-13, 22:32

US ambassador says Israel 'has the right to retain some' of the West Bank President Trump’s administration won’t “prejudge” an Israeli effort to annex settlements in the West Bank, according to the top U.S. envoy to Israel....
2019-06-08, 18:48

Yes Bank Shares Fall Over 7% After Moody's Downgrade On the National Stock Exchange (NSE), Yes Bank shares opened lower at Rs 59.25 apiece and dropped to as much as Rs 55 apiece, marking a decrease of 7...
2019-08-29, 16:48

Suspect sought in U.S. Bank armed robbery Do you recognize him? Courtesy: Tucson Police Department TUCSON – Tucson Police Department is asking for the public’s help in locating a male suspect...
2019-08-13, 16:00

Mexico freezes ex-oil official’s bank accounts MEXICO CITY (AP) — Mexican authorities have frozen the bank accounts of Emilio Lozoya, the former head of Mexico’s state-owned oil company. The...
2019-05-28, 15:48

Sewing’s savings: how Deutsche Bank will try to turn itself around Germany’s biggest bank wants to convince investors that its latest restructuring effort differs from previous attempts by returning the firm to its o...
2019-07-09, 00:48

Democrats defy Waters on Ex-Im Bank crackdown House Democrats are poised to challenge a deal negotiated by Rep. Maxine Waters that would impose new restrictions on the Export-Import Bank, the fir...
2019-06-21, 21:48

Deutsche Bank careers end in an envelope, a hug and a cab ride Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the...
2019-07-08, 21:48

Former Deutsche Bank co-CEO included in cum-ex probe: paper German prosecutors are probing former Deutsche Bank co-Chief Executive Anshu Jain and 78 other current and former bank officials as part of an invest...
2019-06-07, 18:16

UBS's Ermotti says Swiss bank's CEO bench at least three deep: NZZ UBS has least three candidates from inside the biggest Swiss bank who could eventually step into the CEO role, Chief Executive Sergio Ermotti said in...
2019-08-30, 07:48

OCBC Bank offers cash by QR codes Bypassing the need for ATM cards or PINs, the Singapore bank's customers can scan a QR code with their mobile phone and authenticate the transaction ...
2019-07-31, 18:16

Why the ECB Will Stuff Free Money Into Bank Pockets Again The European Central Bank is throwing every tool it has at the sluggish euro-zone economy. Starting in September, it’ll make a generous funding offer...
2019-08-16, 18:32

All You Need To Know About State Bank Of India ATM Transaction Limits State Bank of India (SBI) account ATM charges: SBI savings account holders with an MAB or monthly average balance - minimum balance - above Rs 25,000...
2019-05-22, 11:32

Embattled Bank Stocks Lose Billions Investors continued their run on bank stocks, sending shares of some of America’s biggest financial institutions sharply lower following the latest s...
2019-08-14, 23:32

Bank Frauds Jump 74% To Rs 71,543 Crore In 2018-19, Says RBI Reserve Bank of India (RBI) in its annual report said that frauds related to loans constituted dominant share of the total amount involved in frauds....
2019-08-29, 16:48

New Startup-Focused Bank Gets More Than $100 Million From Investors A group of investors has bet more than $100 million on Grasshopper Bancorp, a new digital bank that is looking to tap into the growth of technology s...
2019-05-30, 23:48

Yes Bank Shares Rise Over 4% Ahead Of Earnings Yes Bank share price, Yes Bank earnings, Yes Bank shares today: At Wednesday's intraday high, Yes Bank shares clocked a recovery of 26.49% from a fre...
2019-07-17, 09:00

12 Unexpected Table Lamps That Won't Break the Bank Lamps skirt the line between “decor” and “necessity.” After all, most rooms tend to have at least one overhead light. You can get away with not havin...
2019-08-27, 01:48

Consumers Lift Profit at Bank of America U.S. consumers propelled Bank of America’s profit in the latest quarter, though the bank warned it could take a hit from any Federal Reserve rate cut...
2019-07-17, 18:48

A Money Center Bank Falls to a 10-Plus Year Low: Now What? From a high near $150 in 2007, Deutsche Bank's share price recently fell below $8. But is this the end of the long down trend? A hint comes from an E...
2019-05-21, 17:16

Deutsche Bank slashing 18K jobs by 2022 FRANKFURT, Germany — Germany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking divi...
2019-07-08, 00:00

Bank Stocks Hurt by More Than Falling Rates Bank stocks soared ahead of the S&P 500 early in the year, but recent worries that trade tensions will hit the economy have dented shares of lenders ...
2019-05-29, 22:16

Deutsche Bank's uncertain road to recovery The German lender is planning to cut thousands of jobs and shed whole business lines as part of a major reorganization. Analysts say cost cutting alo...
2019-07-05, 16:32

China's central bank could be trying to shore up the yuan The People's Bank of China set the midpoint at 7.0810 per dollar — weaker than the previous day's fix, but stronger than what markets expec...
2019-08-27, 08:16

PCSD searching for bank robbery suspect TUCSON- The Pima County Sheriff’s Department is searching for a suspect that robbed the National Bank of Arizona at 5360 North La Cholla Boulev...
2019-05-21, 18:16

No More Bailouts? China’s New Approach to Bank Stress China’s legions of regional banks are feeling the strain. The country’s two-year crackdown on risky financing and the trade war with the U.S. have sl...
2019-08-09, 07:32

Warriors bank on Thompson's return for Game 4 OAKLAND - The Toronto Raptors can move within one game of their first championship Friday night, but likely they will see a different-looking opponen...
2019-06-07, 03:16

China's Yuan Weakens Despite the Will of its Central Bank Why has China's central bank let the yuan plunge against the US Dollar since April 2018? Well, China's central bank tried and failed to change the tr...
2019-06-11, 01:48

Moody's Places Yes Bank Under Review For 'Downgrade' Shares of Yes Bank, which rose as much as 5.6 per cent intraday, pared some gains to settle 2.7 per centhigher on the NSE Nifty that was up 0.36 per ...
2019-06-11, 14:48

RBC becomes first major bank to forecast BoE rate cut this year The Bank of England will be forced to cut interest rates this year because of rising risks to Britain from Brexit and global trade tensions, Royal Ba...
2019-07-11, 14:01

Royal Bank of Canada's Profit Increases Royal Bank of Canada’s profit increased in its fiscal third quarter as net interest income rose by almost 10%, but the bank’s chief executive said th...
2019-08-21, 22:16

The Bank of England’s recipe for managed decline The central bank’s new ideas for how to modernize Britain’s financial system could eat into banks’ revenues, while helping them cut costs. For the wi...
2019-06-27, 19:16

Japan's Lesson for the Fed: No Central Bank Is an Island In the rally currently roaring through the global bond market, Japan is being left behind, exposing the key flaws in its unique monetary policy platf...
2019-06-19, 12:48

Facebook's Libra Bets It Can Bank the Unbanked Facebook has an ambitious goal for its proposed cryptocurrency, Libra: to bring financial services to the hundreds of millions of people world-wide w...
2019-08-22, 14:16

Deutsche Bank to pay $16m to settle US ‘princelings’ case Regulator had said it corruptly hired unqualified relatives of foreign officials to win businessDeutsche Bank has agreed to pay a $16m (£13m) fine to...
2019-08-24, 05:16

Western Europe's best digital bank 2019: dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy ...
2019-05-31, 08:16

Three is the place to be for SIM only deals this bank holiday weekend There is a massive range of different networks and retailers who offer SIM only deals. But if you've decided to use your bank holiday weekend tr...
2019-08-24, 11:16

Former Wells Fargo CEO: 'This is the time' for bank acquisitions Former Wells Fargo CEO Richard Kovacevich says the depressed valuations for banks and other financial firms mean "this is the time" for acquisitions ...
2019-07-16, 07:32

When You Sell Your Stuff for Cash, Meet at the Bank Police stations are a popular spot for exchanging used goods for cash in our Craigslist/Offerup/Letgo/eBay/Nextdoor-filled lives. In fact, many polic...
2019-07-04, 21:00

Deutsche CEO to invest 15% of monthly net pay in bank's shares Deutsche Bank's chief executive Christian Sewing will spend 15% of his monthly net salary buying the German lender's shares starting in September, a ...
2019-09-02, 15:32

Wealth management: Bank of Morgan Stanley Ten years on from the crisis, Morgan Stanley was already a different animal, with a shift to half its revenues generated from wealth management – wha...
2019-05-21, 15:48

Boris Johnson will have us laughing all the way to the food bank | Will Self The dialectical relation between politics and comedy is taking us somewhere deeply unfunnyHello, I’ll be standing in for David Mitchell this week, an...
2019-08-25, 17:48

Bank of England expects zero growth in UK economy The Bank of England says it now expects zero growth in the UK economy in the second quarter of the year as no-deal Brexit fears and the US-China trad...
2019-06-20, 16:32

Is Deutsche Bank drinking in the last chance saloon? As it presses ahead with restructuring, Deutsche will exit cast equities, cut back in rates and centre itself on a traditional corporate banking busi...
2019-09-13, 14:32

Germany's central bank warns of possible recession The Bundesbank has warned that a slump in the German economy could have continued over the summer. It cited the US-China trade war as one factor weig...
2019-08-20, 10:48

China may have a new way of boosting its economy. Here's what the central bank just did China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months...
2019-08-20, 12:48

RBS picks Rose as first woman to run major UK bank The state-backed Royal Bank of Scotland (RBS) has picked Alison Rose to become its next chief executive, making her the first woman to head one of Br...
2019-08-10, 14:00

Singapore to issue digital bank licenses Move to issue up to five new digital bank licenses will add market diversity and boost the local banking system in Singapore's bid to become a digita...
2019-06-29, 20:48

Deutsche Bank Shares Continue to Fall Deutsche Bank AG shares slid a second day as investors and analysts questioned the German lender’s growth projections and management’s grip on restru...
2019-07-10, 00:32

Brokers Bank on Your Cash, but Some Are Breaking From the Pack Fidelity Investments said it has sweetened the deal for customers holding cash there, the latest salvo in the price war playing out among brokerages....
2019-08-08, 06:00

Deutsche Bank considers replacing CFO: report Deutsche Bank Chief Executive Christian Sewing is planning a major overhaul of top management, including replacing the finance chief, Bloomberg news ...
2019-06-18, 17:32

Bank of England: No-deal Brexit not as bad as we thought The negative impact of a no-deal Brexit will not be as severe as originally thought because of improved planning by the government, businesses and th...
2019-09-04, 22:32

New name for BB&T-SunTrust bank lampooned: 'You could put this on a brand of toothpaste' "They have thrown aside two great brands that had real value in exchange for this horrific, means-nothing statement," said investor psychologist Pete...
2019-06-13, 21:32

Ex-RBS exec Brown to take helm at Sainsbury's Bank A former Royal Bank of Scotland (RBS) executive is to become the next boss of J Sainsbury's financial services arm as the supermarket giant tries to ...
2019-06-10, 19:48

The Downsides of Central Bank Mission Creep Many central banks argue that they have a mandate to act on the impact from climate change. This sort of mission creep might only serve to enmesh cen...
2019-06-18, 18:32

How Deutsche Bank could turn into another Lehman Brothers Stock enthusiasts would be wise to keep a close watch on what is happening at Deutsche Bank, which shook up its business and said it planned to lay o...
2019-07-09, 05:32

Germany's Deutsche Bank To Cut 18,000 Jobs In Major Overhaul The overhaul, one of several over the past few years, signals that Deutsche is coming to terms with its failure to keep pace with Wall Street's big h...
2019-07-08, 06:32

Deutsche Bank to Slash 18,000 Jobs in a Sweeping Restructuring FRANKFURT, Germany (AP) — Germany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile invest...
2019-07-08, 05:32

Hitman 2’s first DLC level is a quirky and thrilling bank heist Hitman 2's first DLC level is live, and it exemplifies why the game is so delightful. It flips from throwing cheeseburgers at nerds to "Heat," instan...
2019-06-29, 01:48

The best bank holiday sales still available at Amazon, Argos, Boohoo and more The second set of May's Bank Holiday Sales have launched early at many stores and we're here to roundup the best deals and tell you who is ...
2019-05-23, 19:01

Frankfurt train station shut after bank robbery A bank robbery and a police chase caused officials to suspend operations at Frankfurt's central station, one of the busiest train hubs in Germany. Th...
2019-08-03, 03:16

UPDATE 2-U.S. regional bank Prosperity to buy peer LegacyTexas for $2.1 bln U.S. regional bank Prosperity Bancshares Inc said on Monday it would buy Plano, Texas-based peer LegacyTexas Financial Group Inc for $2.1 billion tha...
2019-06-17, 14:16

Erdogan Dismisses Governor of Turkey's Central Bank President Recep Tayyip Erdogan has dismissed the governor of Turkey’s central bank, sparking fresh investor concerns over the independence of an inst...
2019-07-07, 09:48

Deutsche Bank's aim to make profit in 2020 is uncertain - CFO Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on M...
2019-07-08, 12:48

IDBI Bank Hits 52-Week Low After Earnings Announcement On the National Stock Exchange (NSE), the IDBI Bank stock price declined as much as 11.94 per cent to quote at Rs 23.95 apiece at the day's weakest p...
2019-08-16, 15:00

Deutsche Bank plans cuts at its US equities business Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy abou...
2019-05-24, 10:16

Deutsche Bank set to return to roots with radical reboot The German lender is cutting thousands of jobs and shedding whole business lines as part of a massive overhaul. Analysts say cost cutting alone is no...
2019-07-08, 17:32

UPDATE 1-China to offer liquidity to Baoshang Bank China's central bank said on Sunday that it would offer liquidity to Inner Mongolia-based Baoshang Bank, which the country's financial regulators hav...
2019-05-26, 10:32

Venmo can instantly transfer money to your bank account Venmo's instant transfers are no longer limited to sending money to debit cards. The PayPal-owned service now permits transferring money immedi...
2019-08-13, 05:32

Central bank slashes German growth predictions Germany's Bundesbank has cut its projections for economic growth in 2019, citing "lackluster" exports. It said both growth and the inflation rate in ...
2019-06-07, 14:32

UPDATE 3-U.S. regional bank Prosperity to buy peer LegacyTexas for $2.1 bln U.S. regional bank Prosperity Bancshares Inc said on Monday it would buy Plano, Texas-based peer LegacyTexas Financial Group Inc for $2.1 billion, cr...
2019-06-18, 03:32

India's central bank is on track for 'at least one more' rate cut, JPMorgan says The Reserve Bank of India cut its policy repo rate, or the rate at which it lends to banks, by 25 basis points from 6% to 5.75% and changed its stanc...
2019-06-07, 15:00

Rabobank is the second major bank to cancel its cryptocurrency wallet After exploring the opportunity last year, major Dutch bank Rabobank has decided it’s not going to take its plans for a cryptocurrency wallet any fur...
2019-05-23, 15:32

Bank CEO Calk charged in scheme to win a job in Trump administration Federal prosecutors on Thursday unsealed criminal charges against Federal Savings Bank CEO Stephen Calk accusing him of corruptly approving high-risk...
2019-05-23, 16:48

Britain's TSB bank cutting 124 jobs in reorganisation -union British lender TSB is cutting 124 jobs as part of a restructuring at its head office, according to an email sent to bank staff by its employee union ...
2019-06-06, 15:32

Bank of England set to keep rates on hold over Brexit unease LONDON (AP) — The Bank of England is expected to keep interest rates on hold Thursday but indicate a possible increase later this year despite uncert...
2019-06-20, 09:16

Bank of England warns of one in three chance of Brexit recession MPC votes 9-0 to keep interest rates at 0.75% as uncertainty drags down the UK economyBritain has a one in three chance of plunging into recession at...
2019-08-01, 20:16

| Mobile phones are replacing bank accounts in Africa Sub-Saharan Africa has more mobile-money accounts than anywhere else in the world with about 396 million registered users at the end of 2018, a 14% i...
2019-08-13, 15:00

China's central bank has one less worry after the Fed's rate cut, analysts say The U.S. Federal Reserve's interest rate cut takes some pressure off the People's Bank of China, amid the multitude of challenges it alread...
2019-08-01, 11:16

China's Central Bank to Free Up $126 Billion for Lending The People’s Bank of China plans to reduce the amount of reserves that commercial banks are required to keep with the central bank by half a percenta...
2019-09-06, 15:00

Trump is a huge headache for Deutsche. But the bank has plenty more. To stem a decade of decline, the bank announced Sunday a sweeping restructuring, including gutting most of its investment bank operations. As many as...
2019-07-08, 00:01

Turkey’s President Removes Head of Central Bank Differences between Recep Tayyip Erdogan and the bank’s governor, Murat Cetinkaya, had deepened as the bank held its benchmark interest rate at 24 pe...
2019-07-06, 23:00

This big bank is eliminating all fees on checking and savings accounts Discover is doing away with fees of any kind on its checking, savings, money market and certificate of deposit accounts.     ...
2019-06-17, 16:00

Bank of America Cut Off Private Prisons Weeks After Lending to One Bank of America said last week it would stop dealing with private prisons. What it didn’t say: it had recently agreed to lend $90 million to one of t...
2019-07-02, 12:32

UPDATE 1-Chinese regulators will restructure Baoshang Bank as soon as possible The Chinese government's takeover of Baoshang Bank has caused some pain but prevented bigger financial and social instability, and regulators will re...
2019-06-16, 15:48

Bank of England Sees ‘Volatility’ as Brexit Nears Britain’s central bank said economic growth has probably flattened, weighed by global concerns and uncertainty over the coming departure from the Eur...
2019-08-01, 14:16

Key Things To Know About SBI's Basic Savings Bank Deposit Account SBI's zero balance account: A basic RuPay ATM-cum-debit card is issued free of cost and no annual maintenance charge is applied. The receipt/ credit ...
2019-05-24, 23:32

Pope caps reform of Vatican bank with new statutes Pope Francis has approved new statutes for the Vatican Bank, making an external audit obligatory and introducing other changes to bolster reforms tha...
2019-08-10, 14:32

Bank armed robbery suspect caught, police say Francisco Ivan Taddei / Courtesy: Tucson Police Department TUCSON – Tucson Police Department has identified and arrested the suspect in connection to...
2019-08-14, 19:32

UBS slashes threshold for fee on euro deposits at Swiss bank UBS Group will halve to 500,000 euros ($559,900) its threshold for charging a 0.6% deposit fee on euro accounts at its Swiss banking unit, Switzerlan...
2019-08-06, 23:32

One major bank is holding the line, saying the Fed won't cut rates this year The economists at Citi maintained their call for no rate cuts this year after the Federal Reserve said the case for an easier monetary policy has str...
2019-06-21, 01:48

Bank Stocks Decline After Trump's New Tariff Threat Bank stocks fell sharply after President Trump’s latest tariff threat sent U.S. Treasury yields tumbling and raised new questions about the outlook f...
2019-08-02, 05:32

Credit Suisse exec heads to Deutsche Bank Deutsche Bank has named Steven Feinberg to manage its US investment-grade debt trading, Bloomberg reported. Feinberg had previously worked at Credit ...
2019-06-20, 22:16

HSBC CEO quits as bank warns of looming clouds HSBC CEO John Flint has left the bank just 18 months into the job. HSBC makes 80% of its profits in Asia and the new boss will face growing tensions ...
2019-08-05, 15:00

Pakistan To Get $3.4 Billion In Budgetary Aid From Asian Development Bank Pakistan will receive $3.4 billion in budgetary support from the Asian Development Bank (ABD), the de facto finance minister said on Saturday, as the...
2019-06-15, 19:48

UK watchdog shakes-up "dysfunctional" bank overdraft market Britain's banks and building societies will have to charge the same amount for all overdrafts from April 2020, the Financial Conduct Authority said o...
2019-06-07, 10:16

MOVES- Credit Suisse, JP Morgan, Deutsche Bank The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email moves@thomsonreuters.com....
2019-08-08, 17:00

Bank of Jinzhou Posts Net Loss After Filing Delay Hong Kong-listed lender Bank of Jinzhou reported a net loss, citing increased bad loans and a change of accounting measures that have more-stringent ...
2019-08-31, 13:16

Deutsche Bank in wealth management hiring spree Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part of a plan to bulk up in ...
2019-06-30, 17:32

Man wearing a fedora robs Long Island bank He’s missing his Bonnie Parker. Police are on the hunt for this Panama hat-wearing man — who allegedly robbed a Long Island bank on Monda...
2019-08-13, 08:00

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul Deutsche Bank is to ax vast swathes of its trading desks in one of the biggest overhauls to an investment bank since the aftermath of the financial ...
2019-07-08, 01:48

A Look at the West Bank Area Netanyahu Vowed to Annex The Jordan Valley and northern Dead Sea are considered strategically vital zones by Israel for security. If Israel annexed them, it would encircle an...
2019-09-10, 23:32

Deutsche Bank's Investment-Banking Chief to Leave Deutsche Bank’s investment-banking chief, Garth Ritchie, has agreed to leave the embattled German lender, according to a person familiar with the mat...
2019-07-05, 17:16

Deutsche Bank Senior U.S. Bankers Poised to Leave Two of Deutsche Bank’s top New York deal makers are poised to leave the embattled lender ahead of impending deep cuts to its Wall Street investment b...
2019-06-18, 19:48

U.S. Bank Regulator Pitches Low-Income Lending Rule Changes A Trump-appointed bank regulator is touring the country trying to sell his plans to modify lower-income lending requirements and overcome resistance ...
2019-08-20, 09:48

IMF's Christine Lagarde nominated for top job at European Central Bank The European Council officially nominated on Tuesday Christine Lagarde, managing director of the International Monetary Fund, to become the next pres...
2019-07-03, 05:48

N4T Investigators: Hackers stealing money from bank accounts TUCSON – Cybercriminals are gaining access to bank accounts and stealing money. A victim from Oro Valley recently had tens of thousands of dollars st...
2019-07-19, 09:00

If the Bank Accidentally Deposits Money in Your Account, Don't Spend It A Pennsylvania couple is facing felony charges for buying an SUV, a race car, and two four-wheelers, and then handing out $15,000 to their friends af...
2019-09-12, 11:32

Brazil's economy may have flatlined in Q2 - central bank chief Brazil's economy flatlined or expanded slightly in the second quarter but the pace of growth should pick up, albeit gradually, central bank president...
2019-08-27, 17:16

Police look to Facebook, bank records in quadruple slaying Police are turning to Facebook and bank records to try to identify a motive for why four people were killed at a North Dakota business two months ago...
2019-06-11, 02:16

Humbled Deutsche Bank faces battle in its own backyard Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Se...
2019-08-20, 13:48

JPMorgan shareholders approve bank's executive pay with protest JPMorgan Chase & Co said on Tuesday that only 71.64 percent of shareholders voted to approve its executive compensation packages, marking a rare inst...
2019-05-21, 20:32

Trio charged in Tucson takedown bank robbery TUCSON – Three men have been sentenced to prison in connection with a takedown bank robbery that happened last year. Prosecutors say Jovante La...
2019-06-28, 02:32

Germany likely to head into recession, central bank warns Bundesbank says summer’s slump in exports is expected to continue into the autumnGermany’s economy is heading into recession after the country’s cent...
2019-08-19, 23:48

HDFC Bank Shares End At Over Two-Month Low As Bad Loans Rise HDFC Bank stock price: HDFC Bank share price: At 10:00 am, the HDFC Bank stock traded 2.82% lower at Rs 2,308.85 apiece on the BSE, underperforming t...
2019-07-22, 20:16

Kotak Bank Shares Fall Over 3% Ahead Of Earnings Kotak Mahindra Bank shares, Kotak Mahindra Bank earnings: On the BSE, the Kotak Mahindra Bank stock opened at Rs 1,500 apiece - nearly unchanged fro...
2019-07-22, 20:16

RBI Considers Linking Some New Bank Loans To Benchmark Rate Commercial banks cite high deposit rates for their inability to cut loan ones. Marginal reductions restrict how much borrowers benefit from the repo ...
2019-08-19, 14:16

Netanyahu says he'll annex parts of West Bank if re-elected Israel's Prime Minister Benjamin Netanyahu says if he's re-elected and able to form a coalition, he'll apply Israeli sovereignty over the Jordan Vall...
2019-09-11, 04:32

Moody's Cuts Yes Bank Ratings With "Negative" Outlook Moody's expects the bulk of Yes Bank's operating profits will get consumed by loan loss provisions over the next 12 to 18 months, and thus not suppor...
2019-08-28, 14:48

Ujjivan Small Finance Bank Files For Rs 1,200-Crore IPO Ujjivan Small Finance Bank Limited has proposed an initial public offer (IPO) worth Rs 1,200 crore, its promoter Ujjivan Financial Services Limited s...
2019-08-19, 14:16

Bank of Montreal adjusted quarterly profit rises 4% Canada's fourth largest lender, Bank of Montreal, reported a 4% rise in adjusted quarterly profit on Wednesday, helped by its personal and commercial...
2019-05-29, 12:32

UK digital bank Monzo takes first steps into U.S. market Fast-growing British digital bank Monzo is launching in the United States through a limited rollout of its app-based checking account and connected d...
2019-06-14, 03:48

China's bank loans up in August, more stimulus expected Chinese regulators have been trying to boost bank lending and lower financing costs for more than a year. But some analysts say credit demand has not...
2019-09-12, 13:00

Government To Get Swiss Bank Details Of All Indians From September India's fight against suspected black money stashed abroad will get a major boost this September in the form of first set of detailed financial infor...
2019-07-10, 22:00

European Central Bank deploys new stimulus to help economy The European Central Bank is launching a new round of monetary stimulus to support economic growth in the face of uncertainties like the U.S.-China t...
2019-09-12, 16:32

Deutsche Bank and UBS Explored European Banking Alliance Deutsche Bank and UBS had talks as recently as mid-June to form an unusual alliance of investment-banking operations, according to people familiar wi...
2019-08-25, 18:48

Trump escalates war of words with central bank boss Donald Trump has stepped up his attacks on Federal Reserve chairman Jerome Powell, comparing him to a bad golfer and blaming the US central bank...
2019-08-21, 22:16

Yes Bank Shares Surge, Reclaim Rs 100-Mark After 7 Sessions Yes Bank stock price news: Yes Bank share price today: Yes Bank shares jumped 10.89% jump from their previous close of Rs 93.20 apiece on the BSE. ...
2019-07-16, 12:16

Germany Inc. Shudders as Deutsche Bank, Others Face Crises German efficiency has taken a hit this year as many of the country’s most recognizable corporations have faced setbacks, hurt by a slowing local econ...
2019-07-12, 12:32

The Bank of England will honor Alan Turing on its new £50 note The Bank of England has chosen Alan Turing, computing pioneer and a code-cracker during World War Two, to be featured on its new £50 note. Turi...
2019-07-15, 19:16

Bank of Canada’s next update could affect federal election Since the bank's most-recent public comments in early July, there's mounting evidence of a slowing global economy mostly due to the escalating U.S.-C...
2019-08-24, 04:16

Deutsche Bank Warns Clients They Could Be Cut Off in Compliance Effort Deutsche Bank has given around 1,000 investment-banking clients a month or less to hand over company-ownership information and other documentation in...
2019-06-12, 12:48

Bank Employee Unions Warn Of Strike. Heres All You Need To Know Bank strike 2019: Bank strike to lead to four-day bank holiday: The two-day strike will begin on the midnight of September 25. The unions have also m...
2019-09-14, 15:32

State Bank Of India Levies These Charges For ATM, Other Services Commercial lenders such as State Bank of India (SBI) are required to provide a certain number of transactions free of cost to their customers every m...
2019-08-23, 09:48

Borrowing from your 401(k) is easy. But should you really break open that piggy bank? Nearly 3 in 10 Americans dip into retirement savings, says Transamerica. It pays for higher education, lowering debt and covering medical costs. ...
2019-05-21, 16:00

HIGHLIGHTS-Bank of England's Carney speaks on Brexit, IMF job Bank of England Governor Mark Carney and other top officials from the central bank spoke to reporters on Thursday after the BoE published its Financi...
2019-07-11, 14:01

Even the Google Calendar app is being used by scammers to drain your bank account Scammers apparently live by the motto "where there's a will there's a way." Take the Google Calendar app. As Wired notes, criminals with malicious in...
2019-06-23, 03:48

Ex-chairman of Vietnam's BIDV bank dies in detention A former head of Vietnam's second largest listed bank, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), died in dete...
2019-07-18, 10:16

| Liberia president seeks to clean up central bank Liberian President George Weah has shaken up the leadership of the Central Bank of Liberia in a bid to restore confidence in an institution dogged by...
2019-05-29, 22:32

Bank Repossesses 50 Alfa Romeos From Struggling Dealership Man, the pile of troubles a struggling Alfa Romeo dealership in Dallas has found itself under seems endless. Customer complaints, unpaid rent and n...
2019-07-18, 04:48

Bank Stocks Climb on Mexico Tariff Delay Stocks of large commercial lenders rose after the U.S.’s decision to hold off implementing trade tariffs on Mexican imports brightened investors’ eco...
2019-06-11, 09:48

| AfrAsia Bank Mauritius Open boost for SA pros The AfrAsia Bank Mauritius Open will offer South African professionals not already exempt an opportunity to qualify on their home tour for this year’...
2019-08-20, 17:16

PNB, Allahabad Bank, 2 Other Lenders Fined For Non-Compliance With Norms While Punjab National Bank (PNB), Allahabad Bank and UCO Bank have been fined Rs 50 lakh each, Corporation Bank has been asked to pay a penalty of Rs...
2019-07-03, 09:32

Deutsche Bank, massive payoffs and being rewarded for failure Public outrage at departing financial executives receiving millions is often palpable. Yet grappling with the issue is harder than it looks in an ind...
2019-07-12, 20:00

Bank Officers' Union Threatens To Go On 2-Day Strike Against Mergers A union leader also said that the nationalised banks will further observe indefinite strike from the second week of November to press for their deman...
2019-09-12, 23:32

European Central Bank cuts deposit rate The European Central Bank announced Thursday it will cut its deposit rate and make new monthly bond purchases in the billions among other steps to he...
2019-09-13, 02:32

RBI Penalises HDFC Bank For Violating Know Your Customer Norms The Reserve Bank of India (RBI) has imposed a fine of Rs 1 crore on private sector lender HDFC Bank for violating norms related to know your customer...
2019-06-19, 10:32

Warren Buffett Is Buying Bank Stocks. Why Aren’t Others? Growth is slowing, worries of a recession are rising and the Fed just cut interest rates. Wall Street analysts expect lower rates to crimp banks’ pro...
2019-08-19, 01:16

Deutsche Bank Careers Ended With An Envelope, A Hug And A Cab Ride Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the...
2019-07-08, 20:16

Commerzbank open to M&A after Deutsche Bank talks collapse Commerzbank may refine its strategy and is still open to mergers following the collapse of talks with its larger rival Deutsche Bank, the lender's ch...
2019-05-22, 14:16

Deutsche Bank Revamp Pushes Lender Into Big Loss Deutsche Bank reported a loss of more than $3.5 billion in the second quarter, reflecting the pain of a large restructuring charge that wiped out wha...
2019-07-24, 10:48

How Deutsche Bank’s Woes Infect All European Lenders Europe has too many banks making too little money. The continent’s big lenders appear to lurch from crisis to crisis, burning through chief executive...
2019-07-09, 07:48

Sanctions-hit Lebanese bank denies Hezbollah ties Jammal Trust Bank SAL on Friday rejected allegations that it helps to fund Lebanon's Iran-backed Hezbollah and said it plans to appeal against U.S. s...
2019-08-30, 12:16

Masked burglar caught on camera breaking into bank ATM A man was caught on video breaking into an ATM inside a Queens bank Wednesday and allegedly stealing cash before running off, according to police and...
2019-05-22, 19:16

U.S. Investigating Deutsche Bank's Dealings With Malaysian Fund The sprawling, multibillion-dollar Malaysian development fraud scandal that has toppled a prime minister and stretched from Hollywood to Wall Street ...
2019-07-11, 01:16

Deutsche Bank Credit Rating Downgraded by Fitch Fitch Ratings on Friday downgraded Deutsche Bank AG’s long-term debt rating, citing the German lender’s low profitability and doubts about its busine...
2019-06-08, 15:48

Deutsche Bank blames restructuring for €3.1 billion Q2 loss The German lender has reported a bigger loss than predicted last month when it announced a major business overhaul. The troubled bank says it would b...
2019-07-24, 18:16

Deutsche Bank stumbles to big loss on road to reinvention Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges faced by Chief Executi...
2019-07-24, 18:48

Struggling Deutsche Bank suffers $3.5 billion loss Deutsche Bank reported a bigger-than-forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempts...
2019-07-24, 19:32

TD Bank Group's Profit Lifted by U.S. Retail Operations Toronto-Dominion Bank Group joined its largest Canadian rival in slowing spending during its fiscal third quarter amid macroeconomic uncertainty and ...
2019-08-29, 18:48

US ambassador: Israel has right to annex parts of West Bank David Friedman gives interview to New York Times‘Israel has right to some, but unlikely all’ of disputed territoryThe US ambassador to Israel did not...
2019-06-08, 23:48

Deutsche Bank counts cost of job cutting with £2.8bn loss Deutsche Bank has reported a bigger than expected €3.15bn (£2.81bn) quarterly loss after counting the cost of major restructuring which wi...
2019-07-25, 03:48

Deutsche Bank Says Software to Detect Money Laundering Had a Bug The bank’s acknowledgment that faulty software had been used to screen transactions for suspicious activity came a day before executives prepared to ...
2019-05-23, 02:32

Trial set for 82-year-old charged in bank robbery in Tucson PHOENIX (AP) — An Oct. 8 trial has been scheduled for an 82-year-old man charged with bank robbery in the January 2018 holdup of a Tucson credit unio...
2019-08-16, 19:00

US ambassador: Israel can retain parts of West Bank JERUSALEM (AP) — The U.S. ambassador in Jerusalem says Israel has the right to retain parts, but not all, of the West Bank. David Friedman’s re...
2019-06-08, 19:48

Tlaib says she will not go to the West Bank after being granted permission by Israel Israel reversed its decision to bar Democratic Rep. Rashida Tlaib from entering the country, but Tlaib announced she would not be going.   ...
2019-08-16, 19:00

One Wall Street Bank Thinks Boeing Can Rally to $500 Boeing shares haven’t yet recovered from the fallout stemming from the grounding of the 737 MAX. But they are worth taking a second look at, Morgan S...
2019-09-10, 04:32

Deutsche Bank layoffs on heels of years of trouble AP banking reporter Ken Sweet said the layoffs just announced at Deutsche Bank are a sign of "trouble" for a bank that has seen a revolving door of C...
2019-07-09, 01:32

BNP Paribas plans bid for Deutsche Bank's equity derivatives French lender BNP Paribas plans to bid for Deutsche Bank's equity derivatives book and is hopeful it can beat off rival bidders to secure a deal in...
2019-08-29, 19:48

RBI Imposes Rs 2 Crore Fine On Kotak Mahindra Bank The RBI said it decided to impose a penalty after reviewing the bank's reply to a notice seeking an explanation about why it had not complied with re...
2019-06-08, 10:32

Unprecedented Rs 71,500-Crore Bank Frauds Reported In 2018-19: RBI In the last 11 fiscal years, a total of 53,334 cases of fraud were reported by banks involving a massive amount of Rs 2.05 lakh crore, according to d...
2019-06-03, 15:48

Deutsche Bank, in a Last-Ditch Effort to Stop Its Spiral, Could Lay Off 20,000 The German bank is said to be preparing a sweeping restructuring that will eliminate thousands of jobs and bring to an end its 20-year foray into Wal...
2019-06-28, 23:48

Jeffrey Epstein's Financial Trail Goes Through Deutsche Bank Deutsche Bank played a key role in Jeffrey Epstein’s financial dealings in recent years, helping the accused sex-trafficker move millions of dollars ...
2019-07-23, 23:32

Betterment Is Basically Becoming a Bank With New Savings and Checking Accounts Less than a year after launching its not-quite-a-savings-account Smart Saver product, popular robo-advisor Betterment is taking big steps towards bec...
2019-07-24, 01:48

U.S. Ambassador Says Israel Has Right to Annex Parts of West Bank Ambassador David M. Friedman opened the door to American acceptance of Israel’s annexation of parts of the West Bank, a move that would violate inter...
2019-06-08, 09:48

Canada's TD Bank posts 6.7% rise in quarterly profit TD Bank Group reported a 6.7% rise in adjusted second-quarter profit on Thursday, as Canada's second-biggest lender by market value benefited from st...
2019-05-23, 13:00

Israel Allows Rep. Tlaib to Visit Family in West Bank Israel said it would allow Rep. Rashida Tlaib to enter the country to visit her grandmother in the West Bank, a day after denying entry to her and fe...
2019-08-16, 15:00

Metro Bank to seek new chair as Hill steps aside Metro Bank will on Wednesday try to draw a line under a series of corporate governance rows with the City by announcing that it is kicking off a sear...
2019-07-23, 22:00

Bank transfer fraud victims to get refunds under new code Bank account holders who are tricked into transferring money to fraudsters could be entitled to reimbursement under a new voluntary industry code com...
2019-05-28, 17:16

The Latest: Tlaib says she won’t visit West Bank relatives Democratic congresswoman Rashida Tlaib says she won’t visit her relatives in the West Bank after Israel issued a permit on humanitarian grounds, cite...
2019-08-16, 17:00

Israel vows to build 300 houses in West Bank after attack Israeli Prime Minister Benjamin Netanyahu said 300 new housing units will be built in Dolev after a terrorist attack killed a 17-year-old girl and wo...
2019-08-26, 19:16

Rashida Tlaib Says She Won’t Visit West Bank Under Israel’s Conditions Israel said on Friday that Ms. Tlaib could visit her grandmother in the West Bank if she agreed not to “promote boycotts.” Ms. Tlaib said she would c...
2019-08-16, 20:00

Dubai's largest bank raises foreign ownership limit to 20% The bank also announced its intention to raise its foreign ownership limit to 40% in the future after seeking approvals from its shareholders and the...
2019-09-02, 14:00

U.S. House lawmakers ask regulators to scrutinize bank cloud providers Two U.S. lawmakers have called on a top financial regulatory panel to consider direct oversight of the cloud services big tech companies provide to b...
2019-08-23, 13:48

Deutsche Bank to transfer up to 800 to BNP in prime brokerage deal: source A deal in the works for BNP Paribas to assume the prime brokerage operations of Deutsche Bank will involve the transfer of up to 800 people, a pers...
2019-08-23, 14:16

Fedora-wearing bank robber busted on Long Island A bank robbery suspect with a fondness for trendy hats was arrested on Long Island, police said. Raymond Peruggi, 29, was busted around 9 p.m. Monday...
2019-08-20, 23:48

Community Food Bank of Southern Arizona in need of volunteers, donations TUCSON – The Community Food Bank of Southern Arizona is in need of donations and volunteers this summer. They serve around 190,000 people every...
2019-08-15, 01:00

Master digital marketing without breaking the bank with these online courses The times they are a-changin’, especially in the world of marketing. Long gone are the days of plastering brochures and billboards to get recognition...
2019-08-21, 20:16

Italian central bank chief takes populists to task MILAN (AP) — The head of Italy’s central bank has issued strong warnings against some of the populist government’s economic prescriptions...
2019-05-31, 15:16

U.S. EXIM Bank seeks vote on $5 bln loan to Mozambique LNG project The U.S. Export-Import Bank said on Thursday its board intends to vote on a $5 billion direct loan for the development of a liquefied natural gas (LN...
2019-08-23, 06:48

Standard Bank shareholders vote down climate-risk resolution Standard Bank shareholders on Thursday voted down a resolution that would have required the South African lender to report climate risk in its activi...
2019-05-30, 17:32

China's Central Bank Unveils New Mortgage Loan Policy China’s central bank adjusted interest-rate mechanisms Sunday for the second time this month, this time focused on mortgage loans, in what it said wa...
2019-08-25, 18:48

Deutsche Bank fined over $16 million for violating US corruption laws Deutsche Bank has agreed to pay more than $16 million to settle charges that it violated US corruption laws by hiring relatives of foreign government...
2019-08-23, 23:16

Danske Bank reported to police for overcharging customers: regulator Denmark's financial watchdog said on Friday it had reported Danske Bank to the police for overcharging customers, the latest blow to the lender as i...
2019-08-30, 19:16

Deutsche Bank, Capital One refuse to admit if they have Trump’s tax returns A lawyer for Deutsche Bank is refusing to say whether or not his institution has President Trump’s tax returns — despite repeated questio...
2019-08-24, 00:16

Tlaib will not visit West Bank under Israel's 'oppressive conditions' U.S. Representative Rashida Tlaib on Friday said she would not visit her family in the West Bank as planned despite a reprieve by the Israeli governm...
2019-08-16, 17:32

British citizens born in US risk having UK bank accounts frozen Britons who left US as children being chased by their banks for a US tax ID they do not haveTens of thousands of British citizens born in the US but ...
2019-08-25, 23:16

IMF's Lagarde Wins EU Support to Lead European Central Bank European leaders nominated International Monetary Fund Managing Director Christine Lagarde to become the next president of the European Central Bank....
2019-07-03, 13:48

Yeshiva Student Found Stabbed to Death in West Bank The killing set off a hunt for the assailant by the Israeli Army, which was treating his death as a terrorist attack. Investigators were pursuing the...
2019-08-08, 15:00

Bank of New York Mellon quietly canned five from bond team Bank of New York Mellon left this banker at the altar. The New York bank quietly cut five members of its bond sales team last month amid a broader sl...
2019-06-05, 03:32

Attacker 'neutralized' by off-duty officer after ramming 2 in West Bank Israeli police shot and killed a man they labeled a terrorist after he rammed his vehicle into a bus stop in the West Bank Friday, injuring two peopl...
2019-08-16, 22:32

Exhibition 'This Place' shows Israel and the West Bank from a new perspective The images we know of Israel and the West Bank very often portray conflict. An exhibition at the Jewish Museum Berlin features works of photographers...
2019-06-17, 18:16

European Central Bank sends Italy a warning over debt FRANKFURT, Germany (AP) — The European Central Bank says that challenges to financial stability in the eurozone have risen amid risks to economic gro...
2019-05-29, 11:48

Sensex, Nifty Extend Losses; ICICI Bank, SBI Among Top Drags Sensex share price: The S&P BSE Sensex and NSE Nifty 50 Indexes came off intraday low levels as gains in bluechip stocks like Tata Consultancy Servic...
2019-05-29, 11:16

UPDATE 1-Sweden to introduce bank tax to fund defence boost Swedish Finance Minister Magdalena Andersson said on Saturday the centre-left coalition government would introduce a bank tax to help fund greater de...
2019-08-31, 13:16

Venezuela's Central Bank Releases Data on Dire Economy Venezuela’s economy contracted 19.2% in the first nine months of 2018 from the year-earlier period, as private consumption fell sharply and inflation...
2019-05-29, 05:16

Credit Suisse CEO dismisses European bank mergers as 'solution' Mergers are not the best way to help Europe's banks deal with negative interest rates, Credit Suisse Chief Executive Tidjane Thiam said in an intervi...
2019-06-02, 16:16

Rep. Rashida Tlaib won't visit Israel, West Bank under restrictions Rep. Rashida Tlaib said Friday she would not travel to Israel to visit relatives on the West Bank after Israeli officials banned her, then gave her r...
2019-08-16, 22:32

Bank Exchange Traded Fund To Be Launched By December: Report Government holding in several PSU banks continues to remain at very high levels. It is as high as 75 per cent in PNB and 65 per cent in Bank of Barod...
2019-05-29, 02:00

Tlaib Renounces Trip to West Bank Under Israel’s Conditions Israel said Ms. Tlaib could visit her grandmother in the West Bank if she agreed not to “promote boycotts.” Ms. Tlaib initially agreed then canceled....
2019-08-17, 01:32

Government Not To Seek Funds For State-Run Bank Recapitalisation: Report In 2018-19, the government had pumped in the highest-ever infusion of Rs 1.6 lakh crore into PSBs to meet regulatory and growth capital requirements....
2019-06-11, 14:48

Capital One buys defense-industrial investment bank KippsDeSanto The financial services company announced Monday that it has acquired KippsDeSanto, a Virginia-based investment bank focused on the aerospace and defe...
2019-08-20, 00:16

Former Fed official urges central bank not to ‘bail out’ Trump on the economy William C. Dudley, the former New York Fed chief, said “officials could state explicitly that the central bank won’t bail out an administration that ...
2019-08-27, 21:48

Mexico's Finance Ministry says blocks bank accounts of steelmaker Mexico's Finance Ministry said on Monday it blocked the bank accounts of steelmaker Altos Hornos de Mexico and a former top executive of state oil fi...
2019-05-28, 05:48

Talks On $3.4 Billion Loan To Pak Not Finished: Asian Development Bank In a huge embarrassment for the Pakistan government, the Asian Development Bank or ADB has distanced itself from the "premature announcement" of Prim...
2019-06-17, 15:32

No Bank Has Power To Employ Bouncers To Recover Loans: Government No bank has the power to employ bouncers for forceful recovery of loans from customers, Union Minister of State for Finance Anurag Thakur said in the...
2019-07-01, 14:00

Chase Bank to its Canadian credit card holders: ‘you owe no balance’ Chase Bank confirmed Thursday it is forgiving all outstanding debt owed by users of its two Canadian credit cards as part of its exit from Canada's c...
2019-08-09, 02:00

US Congresswoman Rejects Israel's Offer To Visit West Bank US congresswoman Rashida Tlaib on Friday rejected an offer by Israel to let her travel to the West Bank, the latest twist in a dispute drawing Donald...
2019-08-17, 15:32

Court OKs expedited appeal in NY Trump bank records case NEW YORK (AP) — An appeals court says it will speedily consider President Donald Trump’s challenge to congressional subpoenas seeking financial...
2019-05-31, 17:48

Deutsche Bank Looks to Shed Big Chunk of Wall Street Presence Deutsche Bank has had talks with Citigroup, BNP Paribas and others that could involve transferring parts of its once-prized equities business, includ...
2019-07-02, 19:48

Transfer, play right away? Don't bank on it, NCAA cases show A string of recent high-profile transfers gave the college football world the impression it was getting easier for players to switch schools and comp...
2019-05-29, 14:32

Swiss National Bank in close contact with authorities on Libra Switzerland's central bank is in close contact with relevant authorities over Facebook's Geneva-based Libra cyptocurrency project, Swiss National Ban...
2019-08-27, 17:16

Cops use tracking device to bust Manhattan bank robber A Manhattan bank robber made off with $1,200 — but was arrested soon after on the Henry Hudson Parkway when cops used a bank-installed GPS devi...
2019-06-20, 08:00

Mega Bank Merger " A Big Bang Step", Says Uday Kotak The Punjab National Bank, Oriental Bank of Commerce and United Bank will merge to form the country's second largest public sector bank with a busines...
2019-08-31, 11:48

Israel allows U.S. congresswoman’s West Bank visit on humanitarian grounds Tlaib said this would likely be the last chance to see her grandmother and that she would respect any restrictions and “not promote boycotts” during ...
2019-08-17, 02:00

Two Fed Doves Make Case for Central Bank Rate Cuts Two Federal Reserve officials said they believed the central bank should have lowered and not held steady its short-term rate target this week to hel...
2019-06-21, 19:48

Netanyahu says he will annex Jewish settlements in West Bank if reelected Israeli Prime Minister Benjamin Netanyahu said the annexation of lands that Palestinians hope to gain for a future state would begin with the strateg...
2019-09-10, 23:00

Netanyahu vows to begin annexing West Bank settlements Israeli Prime Minister Benjamin Netanyahu is vowing to annex the heart of the West Bank if he wins re-election next week, a move that could extinguis...
2019-09-10, 23:00

Fed's Powell Says Stress Tests Must Evolve to Avoid Bank Complacency Federal Reserve Chairman Jerome Powell said stress tests of the nation’s largest banks must adapt and keep firms on their toes, or the annual exam co...
2019-07-09, 20:16

Netanyahu rushed off stage after vow to annex part of West Bank Israel's prime minister Benjamin Netanyahu has been rushed off stage during a rocket siren, hours after announcing plans to annex some settlements in...
2019-09-10, 23:32

HDFC Bank Revises Fixed Deposit Interest Rates HDFC Bank FD interest rates: On fixed deposits of a 1-year maturity period, the private sector bank has lowered its interest rates by 20 basis points...
2019-07-22, 20:16

Metro Bank confirms loan book sale talks Troubled high street lender Metro Bank has confirmed that it is in talks "regarding the potential sale of a loan portfolio" - after details emerged o...
2019-07-22, 12:48

Israel demolishes Palestinian homes near West Bank barrier Israeli forces began demolishing Palestinian homes near a military barrier on the outskirts of Jerusalem on Monday, in the face of protests and inter...
2019-07-22, 10:32

Yes Bank Shares Jump 8% After CEO Says Lender Near Deal To Sell Stake Yes Bank share price: On the NSE, Yes Bank shares opened higher at Rs 66 apiece and rose to as much as Rs 68 apiece, marking an increase of 7.76 per ...
2019-09-11, 07:00

Metro Bank plots £500m loan sale to Cerberus The embattled high street lender Metro Bank is this weekend applying the finishing touches to a £500m deal to‎ offload a mortgage portfoli...
2019-07-22, 06:48

MEDIA LINK-Fight the Fed with these regional bank stocks -Barron's KeyCorp, Signature Bank and U.S. Bancorp are among the regional banks "expected to be better positioned for a Fed rate cut, thanks in part to a lower...
2019-07-22, 00:16

Bank exec was improperly tipped off to damning memo: suit The chief executive of an embattled California bank was improperly tipped off to an internal memo about allegedly questionable money transfers into h...
2019-06-14, 05:00

Charges Levied By State Bank Of India (SBI) Credit Cards According to financial planners, the user must have a clear idea of the features, rewards and the charges payable in detail to make the most of his/ ...
2019-06-22, 15:48

Deutsche Bank looks to boost wealth management as part of reinvention With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and tak...
2019-07-10, 15:00

Yes Bank Shares Jump 19% After CEO Says Lender Near Deal To Sell Stake Yes Bank shares today: On the NSE, shares opened higher at Rs 66 apiece and rose to as much as Rs 75.45 apiece, marking an increase of 19.57 per cent...
2019-09-11, 18:32

Iran central bank: U.S. sanctions aren't harming oil exports The leader of Iran's central bank on Wednesday downplayed the impact of existing and new U.S. sanctions -- retaliatory measures by the Trump administ...
2019-06-28, 02:48

Couple must return $120,000 after bank error prompted spending spree Robert and Tiffany Williams bought a camper, race car and gave money to friends before the bank realized the errorA Pennsylvania couple who went on a...
2019-09-10, 21:32

Scotiabank to post C$300 mln gain as it cuts Thanachart Bank stake Bank of Nova Scotia, Canada's third-biggest lender, said on Thursday it would record a C$300 million ($226 million) gain by reducing its stake in Tha...
2019-08-08, 17:00

Mars colonisation possible through sperm bank in space, study suggests Scientists find frozen sperm exposed to zero-g could go where no man has gone beforeAll-female astronaut crews could reproduce in space without the h...
2019-06-24, 02:32

Bank Of India Revises Fixed Deposit Interest Rates According to the latest Bank of India FD rates, the bank is offering 4.25 per cent interest rate on maturity period of 7-14 days to the general publi...
2019-09-08, 04:16

Homeless man busted for stabbing bank employee with hypodermic needle A homeless man was busted Saturday for allegedly stabbing a Midtown bank employee with a hypodermic needle earlier this month, law enforcement source...
2019-07-21, 03:48

12 Including Ex-Bank Manager Arrested For Duping 200 People Across India Twelve men were arrested from the National Capital Region for allegedly duping over 200 people, including a retired bank manager, across the country ...
2019-09-08, 05:16

Court: Deutsche Bank may release files on Donald Trump US President Donald Trump has failed in his legal attempt to stop Congress subpoenas to force Deutsche Bank to release his financial details. The Ger...
2019-05-23, 05:16

U.S. envoy, in interview, does not rule out Israeli annexation in West Bank The U.S. ambassador to Israel did not rule out an Israeli move to annex parts of the occupied West Bank, land that the Palestinians seek for a state,...
2019-06-08, 20:32

Deutsche Bank overhaul to hit FactSet profit: Credit Suisse Deutsche Bank AG's move to scrap its global equities operations could dent the 2020 fiscal profit for FactSet Research Systems Inc, Credit Suisse ana...
2019-07-08, 21:48

Factbox: Deutsche Bank staff react to 18,000 global job cuts Whole teams at Deutsche Bank were told on Monday their jobs had been axed as it began 18,000 job cuts globally in one of the biggest overhauls to an ...
2019-07-08, 21:48

Couple blew through $120K accidentally deposited in their bank account A Pennsylvania couple is accused of theft after going on a shopping spree with $120,000 that was mistakenly deposited into their bank account, accord...
2019-09-09, 11:00

Judge sides with Democrats in Trump bank subpoena fight NEW YORK — A federal judge on Wednesday allowed the House to move ahead with subpoenas seeking years of President Donald Trump’s financial records fr...
2019-05-22, 23:48

Alabama sheriff charged with scamming food bank, church An Alabama sheriff is charged with scamming a food bank and his own church to pocket thousands under a law that let state sheriffs profit from feedin...
2019-06-14, 22:32

Deutsche Bank posts worst quarterly loss in four years German lender counts cost of plan to cut 18,000 jobs as it records €3.1bn shortfallDeutsche Bank has made its biggest quarterly loss in four years as...
2019-07-24, 17:32

Deutsche Bank suffers $3.5 billion loss on road to reinvention Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempt...
2019-07-24, 15:16

Couple arrested after bank mistakenly deposited $120,000 they later spent, police say The couple from Montoursville, Pennsylvania allegedly purchased a car, paid their bills and handed the money out to friends, police said.  ...
2019-09-09, 20:00

RBI May Toughen Non-Bank Lenders Access To Public Deposits: Report Faced with liquidity crunch after IL&FS default and with rising number of defaults, the shadow bankers are seeking a bailout in the form of a separat...
2019-05-22, 19:32

State Bank Of India Charges This Much Money For NEFT Transactions SBI NEFT charges, SBI NEFT timings: State Bank of India has divided its NEFT charges on factors such as timing, amount and mode of transaction. For e...
2019-05-22, 11:32

UPDATE 1-Metro Bank dodges major shareholder rebellion Metro Bank escaped a potential investor challenge at its annual meeting on Tuesday, but there were sizeable votes against several of its most senior ...
2019-05-21, 20:32

RBL Bank Reports 41% Jump In Profit To Rs 267 Crore In June Quarter RBL Bank earnings, RBL Bank share price: RBL Bank said its net interest margin (NIM) improved to 4.31% in the quarter ended June 30, from 4.04% a yea...
2019-07-19, 17:32

Bank of Mexico Maintains Interest Rates in Split Vote The Bank of Mexico kept interest rates unchanged Thursday in a split decision, citing risks for inflation from both domestic and external sources and...
2019-06-28, 00:48

Venezuela's opposition congress names ad-hoc central bank board Venezuela's opposition-controlled National Assembly on Tuesday appointed an ad-hoc board for the country's central bank with the aim of "protecting i...
2019-07-16, 22:32

Netanyahu Keeps Plans on West Bank Annexation Close to His Chest A key question hanging over Benjamin Netanyahu’s re-election campaign is whether he will fulfil an apparent pledge to annex part of the occupie...
2019-07-11, 19:48